tgi friday, page-46

Wave 4 has retraced 1/3 of the range of Wave 3.

This is a very nice retracement level.

Next stop is 5015-5150 by 29th December or 2.16 in time of wave one range.. which was been pretty accurate and a far guide.

But this baby -- bang bang 4th november as highlighted here. can't get it more beautiful than that action is almost identical to the July 09 low. There is a danger however that my 12th November and LW 13th November could be a high or a continuation pivot. If the latter we will see the above figures reached either 29th December or 5th January which is 2/3 of secondary 180 CD sq chart. So I see no reason why this market will not go higher and the "danger period" will be between 29th December and 5th January. Sure 4th & 25th December will also be interesting.